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Thursday, July 11, 2013

The Myth Of The Earnings Yield

The Myth of the Earnings wear Sam Vaknins Psychology, Philosophy, Economics and incompatible Affairs Web Sites A very slim nonage of firms distribute dividends. This truism has revolutionist implications.
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In the absence of dividends, the groundwork of most - if not in all - of the financial theories we employ in order to determine the honor of functions, is falsified. These theories rely on a few implicit and unmistakable assumptions: (a) That the (fundamental) value of a piece of land is closely correlated (or flush equal to) its market (stock stamp out or transaction) price (b) That price movements (and volatility) are mo...If you want to get a full essay, order it on our website: Orderessay

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